[MoneyGuy]

Originally Posted by Bobblehead

CRA will follow the money. You buy it, they will say it is yours regardless of what you put on the title. You would need a legal agreement saying how you are buying it and she is paying you back, with specific, legally binding terms (something a real estate lawyer would need to help you with - set an appointment with Troutman to determine your real options). Otherwise they will say you are only allowing her to live there rent free. Which is fine, but won't allow her to declare it her primary residence.

It always comes back to the money, and CRA is very good at knowing what the tricks are that people use to avoid paying tax.

This is correct.